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H.R. 5911: Fair Hiring in Banking Act

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H.R. 5911: Fair Hiring in Banking Act

117th Congress · introduced 2021-11-09 · Finance and Financial Sector · Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2021-11-09 · official record
  2. Who proposed it: Rep. Beatty, Joyce [D-OH-3] · what a sponsor is
  3. What happened next: 1 recorded vote in our records. Latest: House roll call 156 (2022): On Motion to Suspend the Rules and Pass, as Amended, HR5911 (2022-05-11), Passed. See all
  4. Where it stands now: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Fair Hiring in Banking Act

Plain summary

Fair Hiring in Banking Act This bill creates exceptions to the restriction on hiring persons convicted of certain criminal offenses involving dishonesty or a breach of trust to a position with an insured depository institution or an insured credit union. Currently, a waiver must be obtained from the Federal Deposit Insurance Corporation or the National Credit Union Administration to allow the employment of such a person. Specifically, a waiver is not needed if it has been 7 years or more since the offense occurred or if the individual was incarcerated with respect to the offense and it has been 5 years or more since the individual was released from incarceration. The need for a waiver also does not apply to conduct committed before age 21 and if it has been at least 30 months since the sentencing. Individuals with a criminal record that is expunged, sealed, or pardoned are also exempt from waiver requirements.

Congressional Research Service summary (Passed House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Fair Hiring in Banking Act

Source: Congressional Research Service summary (Passed House)

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The strongest published arguments

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Beatty, Joyce [D-OH-3] · 2 cosponsors

Cost estimate: CBO cost estimate: H.R. 5911, Fair Hiring in Banking Act (2022-02-09); CBO cost estimate: CBO’s Estimate of the Statutory Pay-As-You-Go Effects of H.R. 5911, the Fair Hiring in Banking Act (2022-05-09)

Cosponsors on this site

Jake Auchincloss (D-MA), Pete Sessions (R-TX)

Sponsor's campaign money: Rep. Beatty, Joyce [D-OH-3] reported raising $1.5 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Recorded votes

Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Exemption
A rule that removes certain people, property or activities from a tax or requirement.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-hr5911 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117